Latest news with #UnifiedThreatManagement
Yahoo
09-07-2025
- Business
- Yahoo
If You Invested $1000 in Fortinet a Decade Ago, This is How Much It'd Be Worth Now
How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries. Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks. What if you'd invested in Fortinet (FTNT) ten years ago? It may not have been easy to hold on to FTNT for all that time, but if you did, how much would your investment be worth today? With that in mind, let's take a look at Fortinet's main business drivers. Headquartered in Sunnyvale, CA, Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention (IP), web filtering, anti-spam and wide area network (WAN) its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solutions incorporate application-specific integrated circuits, hardware architecture, operating system, and associated security and networking functions to defend against multiple categories of IT security attacks without impacting network company's network security gateways protect customer data, reduce security complexities and lower the total cost of ownership. Customers are able to implement their security policies on traffic between internal networks and the Internet, as well as between internal and private networks shared with flagship UTM solution consists of the FortiGate appliance product line and FortiGuard security subscription products and services are sold through a network of more than 20,000 channel partners worldwide, including distributors, resellers, value-added resellers and managed service providers. The company caters to more than 450,000 customers worldwide that includes most of the Fortune 100 reported revenues of $5.96 billion in 2024, which increased 12.3% from 2023. Product revenue was $1.91 billion, down 1% while Service revenue of $4.05 billion improved 19.8% year over year in company faces significant competition with Palo Alto Networks, CyberArk, Qualys and Cisco in the network security as well as cloud security space. Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Fortinet a decade ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in July 2015 would be worth $13,253.64, or a gain of 1,225.36%, as of July 9, 2025, and this return excludes dividends but includes price increases. Compare this to the S&P 500's rally of 204.18% and gold's return of 173.13% over the same time frame. Going forward, analysts are expecting more upside for FTNT. Fortinet's top-line is benefiting from strength in demand from large enterprise customers and growth in the company's security subscriptions amid a slowdown in networking products, along with challenges in sales execution and marketing efficiency. Continued deal wins, especially those of high value, are a key driver. Higher IT spending on cybersecurity is further expected to aid Fortinet in the near-term. The focus on enhancing its unified threat management (UTM) portfolio through product development and acquisitions is a tailwind. We expect 2025 net sales to rise 13% from 2024. However, stiff competition from Palo Alto Networks, Cisco Systems and Check Point Software among others due to increasing consolidation in the security industry poses concerns. Increased hiring and mergers & acquisitions spending remain overhangs on margin. Over the past four weeks, shares have rallied 5.82%, and there have been 3 higher earnings estimate revisions in the past two months for fiscal 2025 compared to none lower. The consensus estimate has moved up as well. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Here's Why Fortinet (FTNT) is a Strong Growth Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term. For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time. Headquartered in Sunnyvale, CA, Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities worldwide. FTNT sits at a Zacks Rank #2 (Buy), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 4.2% and 13.4% year-over-year, respectively. 14 analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.02 to $2.47 per share. FTNT also boasts an average earnings surprise of 23.8%. Looking at cash flow, Fortinet is expected to report cash flow growth of 31.7% this year; FTNT has generated cash flow growth of 31.8% over the past three to five years. Investors should take the time to consider FTNT for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
28-05-2025
- Business
- Yahoo
Marlink supports Simon Møkster Shipping's fleet with Starlink
Simon Møkster Shipping's fleet is being supported with flexible allocation of pooled Starlink Low Earth Orbit (LEO) bandwidth by Marlink. The transition to a pooled bandwidth model is part of Simon Møkster Shipping's broader digitalisation programme. According to Marlink, the pooling of bandwidth between vessels within the same fleet allows for capacity to be allocated to assets based on deployment needs. Additionally, the pooled model provides 'baseline flexibility' to utilise 'best-effort' LEO internet for crew welfare services while ensuring 'guaranteed' bandwidth through VSAT for business applications. Marlink maritime president Tore Morten Olsen said: 'At Marlink, we're committed to enabling vessel operators like Simon Møkster Shipping to turn complex connectivity challenges into opportunities—wherever they operate. By pooling bandwidth across the fleet, they gain the flexibility to adapt in real time to operational and locational needs, unlocking new levels of efficiency, agility, and performance.' Simon Møkster Shipping, headquartered in Stavanger, Norway, is a provider of support vessels to the offshore energy sector. With a fleet of 15 vessels operating primarily in the North and Barents Seas, the company employs around 500 individuals onshore and offshore. Simon Møkster Shipping ICT manager Terje Gjerde said: 'Simon Møkster Shipping accelerates our digital journey with a new level of flexibility and efficiency offered by the Starlink pooled bandwidth model. With Marlink as our trusted partner, we're not just staying connected, we're gaining the digital edge we need to stay ahead in a highly competitive market.' Under Simon Møkster Shipping's broader digitlaisation programme, Marlink completed a fleet-wide upgrade with its Sealink NextGen hybrid network solution in May 2024. The Sealink NextGen solution includes Endpoint Detection and Response (EDR) and Unified Threat Management (UTM) cyber solutions as standard features, in view of the increased cyber risks associated with LEO internet solutions. Recently, Marlink released its Security Operations Centre (SOC) report from the second half of 2024, which highlighted the growing sophistication of cyber threats targeting maritime users. Marlink's SOC report revealed that cybercriminals have been enhancing their attack capabilities by incorporating new technologies and refining their strategies. Over a six-month period leading up to December 2024, Marlink's global SOC network observed security activities on 1,998 merchant and leisure vessels, recording nine billion security events and 39 billion firewall events. "Marlink supports Simon Møkster Shipping's fleet with Starlink" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
14-05-2025
- Business
- Yahoo
Fortinet (FTNT) is a Top-Ranked Momentum Stock: Should You Buy?
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. Headquartered in Sunnyvale, CA, Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities worldwide. FTNT sits at a Zacks Rank #2 (Buy), holds a Momentum Style Score of A, and has a VGM Score of B. The stock is down 2% and up 5.9% over the past one-week and four-week period, respectively, and Fortinet has gained 74.5% in the last one-year period as well. Additionally, an average of 4,915,057 shares were traded over the last 20 trading sessions. A company's earnings performance is important for momentum investors as well. For fiscal 2025, 13 analysts revised their earnings estimate higher in the last 60 days for FTNT, while the Zacks Consensus Estimate has increased $0.03 to $2.47 per share. FTNT also boasts an average earnings surprise of 23.8%. FTNT should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
13-05-2025
- Business
- Yahoo
Why Fortinet (FTNT) is a Top Growth Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term. Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Headquartered in Sunnyvale, CA, Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities worldwide. FTNT is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 3.4% year-over-year for the current fiscal year, with sales growth of 13.4%. Three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $2.45 per share for 2025. FTNT boasts an average earnings surprise of 23.8%. On a historic basis, Fortinet has generated cash flow growth of 31.8%, and is expected to report cash flow expansion of 31.7% this year. Investors should take the time to consider FTNT for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
